EU Tariffs

The European Commission has published the definitive tariff rates in the Official Journal, with the additional tariffs to take effect from October 30, and the provisional duties imposed on July 4 will not be collected.

The EU and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-made EVs, at a time when additional tariffs are due to come into force next week.

China's commerce ministry said it firmly opposes the EU's additional anti-subsidy tariffs on Chinese EVs, but notes the EU's political will to continue to resolve the issue through negotiations.

EU member states voted in favor of imposing tariffs on EVs imported from China, making higher rates a five-year policy.

The vote will pave the way for additional tariffs starting in November unless a qualified majority votes against it.

China's Commerce Minister Wang Wentao will visit Europe in recent days and on September 19 will talk with EU trade chief Dombrovskis on the EU's anti-subsidy investigation case against Chinese EVs.

The European Union is set to make small reductions in the proposed additional tariff rates on EVs from China, with Tesla facing a reduction from 9 percent to just under 8 percent, according to Bloomberg.

"The intention was to protect the European car industry but for us, it's having the opposite effect .... We need to find a solution," Cupra's CEO said.

BYD, Geely, and SAIC all face slightly lower tariff rates than previously, while Tesla's 9 percent is well below the 20.8 percent indicated last month.

The USTR expects its final ruling to be issued in August, and the new tariffs, which had been planned to take effect on August 1, will go into effect about two weeks after the publication of the final determination.